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Macrotech Developers' sales bookings up 16% to Rs 3,035 crore in Q3 FY23

Publish on : 2023-01-10 12:00:37

In a regulatory filing, Macrotech Developers informed that the company has achieved its "best-ever Q3 (October-December) pre-sales performance of Rs 3,035 crore showing a growth of 16 per cent on a YoY basis." NEW DELHI: Realty firm Macrotech Developers Ltd on Friday reported a 16 per cent growth...

Builders must give information on all projects: MahaRERA

Publish on : 2023-01-10 11:58:56

An order issued by MahaRera on December 27, states that to ensure homebuyers make an informed decision it is necessary to provide them details of the promoters, who may be proprietors, partners or directors in other firms, which may have real estate projects registered with any Rera across the count...

Maharashtra decides not to charge premium for development of international airport land in Mumbai

Publish on : 2023-01-10 11:45:00

The state has also allowed a floor space index (FSI) of 5 on plots within the Chhatrapati Shivaji Maharaj International Airport Notified Area (CSMIANA). FSI defines how much can be built on a plot. MUMBAI: The state urban development department has decided not to charge Mumbai International Airpo...

Second phase of Mumbai metro's 2A and 7 lines to be operational soon: MMRDA

Publish on : 2023-01-10 11:41:09

The MMRDA will take a 16-hour mega block for the integration of the first phase of metro lines with the second phase between 6 am to 10 pm on January 8 on lines 2A and 7 for testing of integrated signalling systems. MUMBAI: The second phase of metro lines 2A and 7 will become operational soon, th...

Mumbai: Housing societies unite against concrete units in Govandi

Publish on : 2023-01-10 11:39:52

The Maharashtra Pollution Control Board (MPCB) served notices and closure directions to two plants and a show-cause notice to another last week stating why their application for grant of consent to operate should not be refused. MUMBAI: Locals in Govandi have come together against the operation o...

Ajmera Realty sales value up 19% in Q3 FY23

Publish on : 2023-01-10 11:37:50

In 9M FY23, Ajmera Realty & Infra India has surpassed the total annual sales value of Rs 431 crore in FY22 by 1.6 times to Rs 694 crore. NEW DELHI: Ajmera Realty & Infra India (ARIIL) has witnessed sales value of Rs 128 crore in Q3 FY23, growth of 19% from Rs 108 crore it recorded in Q3 FY22, the...

Worli BDD buildings to be ready by December 2024: Mhada

Publish on : 2023-01-10 11:36:09

Work is also being expedited at N M Joshi Marg and Naigaum, Dadar. Now, there are no major hurdles with regard to tenants and residents of these chawls ,” he said. MUMBAI: Tenants of Worli BDD Chawls will be the first to move into their new 500 sq feet homes. Anil Diggikar, CEO and vice-presid...

Construction restrictions near defence establishments relaxed

Publish on : 2023-01-02 19:01:09

Mumbai: In a major development, the ministry of defence has lifted the restrictions on constructions located within 500 metres of defence establishments and clarified that only constructions within 50 metres of highly sensitive establishments will require an NOC from the local military commander...

Redevelopment of housing societies in South Mumbai

Publish on : 2023-01-02 18:56:19

In the silk stocking enclaves of south Mumbai, such as Malabar Hill, Walkeshwar, Nepean Sea Road, and Altamount Road, redevelopment fever has now swept through some of the top housing societies. These are upscale areas where new apartments can cost more than Rs 1 lakh per square foot. Many of the...

Here’s what you must keep in mind before buying property in 2023

Publish on : 2023-01-02 18:51:25

Should you buy, or rent? Should it be a ready-to-move-in apartment or an under-construction one? Here’s a list of to-dos, may-dos, and most certainly don’ts. Richa Kulkarni, a chartered accountant, moved to Mumbai from Bengaluru seven years ago and has been paying about Rs 50,000 rent per month f...